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RE: Daily Crypto Markets Live Blog: Cryptocurrency Markets Getting Blasted (09/25/21)

in LeoFinance3 years ago

If I get you straight, you're suggesting that the earning windows should not be limited, like it should be ever possible to gain rewards from posts from whenever?

Well, if that is to materialize, you do understand it will need a lot of things changed?

That includes payouts windows. This would need the system to shift to an instant payment format where what is earned is directly deposited in one's wallet at the time of earning. You can't actually expect it to run like YouTube because it would have to take upon a centralized approach, which is third party funds distribution, that if the instant payment isn't on your lists of thoughts. And this however puts to shame the whole hailed "decentralized media"

As of now, rewards are automated, but I'm not quite sure how this idea of changing earnings window could be Squeezed in to please the supposed users you're referring to.

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I accept the current system as it is, even if my preference would be for something different. Whatever the system in place is, we need to explain it to new people who learn what it is and may object to it. They may not be the kind of people we want at Hive, anyway, but that's a different discussion.

I expected that a lot was involved in making the current 7-day earnings period what is is; lots of analysis and evaluation, lots of visualization to make sure it made sense, lots of coding to implement and enforce this system, etc. I'm not asking about this lightly, and I want to know how it can be explained in a way which can be marketed as a plus rather than a minus. No one likes fine print, and that's what this is.

While it would be nice for content to bring us earnings as long as it's available, Hive cannot turn into Web 2.0 for payouts. So we are where we are, and we're doing OK with it because our experience here more than makes up for it.

Just as a small percentage of Web 2.0 people hit the big time in earnings, it's the same way here. And it's true that many people on YouTube are just happy to get exposure even if their content gets a small number of viewers or subscribers; it's that way everywhere.

I was asking because I wanted to know how we can bring high-powered influencers to Hive and even to Layer 2 where the dApps and games are. For them it would be culture shock in more ways than one. Hive is about more than money, but it's not a charity either.

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